President Marcos' chief economist has cautioned that the unexpectedly strong El Niño phenomenon is likely to impede progress in reducing consumer prices, warning the public of challenging months ahead. National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said that the...
The National Economic and Development Authority (NEDA) said there are no plans for additional reductions in import duties on various agricultural commodities. In a briefing, NEDA Secretary Arsenio M. Balisacan said the only option available to the Marcos administration at present is to extend the...
HIGHEST HONOR French Ambassador Marie Fontanel pinning the Order of Arts and Letters medal on Arsenio Lizaso When we think of knights, we imagine valiant men serving the throne clad in shining armor. We remember the legend of King Arthur and his Knights of the Round Table, noble figures who sought...
President Marcos' chief economist said that foreign investors should leverage the Philippines' rapid economic growth, the fastest in the region, as well as its recent policy reforms and initiatives. During the 2024 Economic Outlook Forum hosted by the European Chamber of Commerce of the...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said that the signing into law of the Public-Private Partnership (PPP) Code of the Philippines will create a more stable policy environment for infrastructure projects. "The PPP Code will enable much-needed development...
National Economic and Development Authority Secretary Arsenio M. Balisacan said that having strong partnerships is a necessity in practicing monitoring and evaluation (M&E) in the country. During an M&E forum, Balisacan said that a collaboration with practitioners from the public and...
National Economic and Development Authority Secretary Arsenio M. Balisacan said they prefer to get solicited bids for the operations and maintenance (O&M) of the Metro Rail Transit (MRT) Line 3 and the Light Rail Transit (LRT) Line 2. In an interview with the reporters, Balisacan said that a...
The government, with the help of the United Nations (UN), should scale up actions toward achieving the country’s targets under the Sustainable Development Goals, the National Economic and Development Authority (NEDA) said. Speaking at a UN Day Forum, NEDA Secretary Arsenio M. Balisacan said the...
The National Economic and Development Authority (NEDA) said achieving the lower end of the government's growth target range is still achievable due to increased public spending and the upcoming holiday season. During a briefing in San Francisco, California, NEDA Secretary Arsenio M. Balisacan...
The National Economic and Development Authority (NEDA) said that President Marcos has given his approval for the purchase of five additional units of state-of-the-art patrol vessels from the Japanese government. In a briefing on Thursday, Nov. 9, NEDA Secretary Arsenio M. Balisacan said the...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez believes that the country’s minimum gross domestic product (GDP) growth target of 6 percent for the year 2023 is still achievable. This, after the Philippines posted a...
More Filipinos considered themselves poor due to inflation, a Cabinet official said. President Ferdinand 'Bongbong' Marcos Jr. and NEDA Secretary Arsenio Balisacan discuss high-impact projects during the NEDA Board meeting on Oct. 13, 2023. (Photo courtesy of PCO) National Economic and Development...
